{
    "success": true,
    "data": {
        "id": 1824862,
        "msgid": "rupiah-sentiment-triggered-by-falling-brent-crude-oil-prices-1782446022",
        "date": "2026-06-26 09:35:02",
        "title": "Rupiah Sentiment Triggered by Falling Brent Crude Oil Prices",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian rupiah weakened on Friday morning, influenced by a drop in global Brent crude oil prices below US$73 per barrel. The decline in oil prices has eased concerns over Indonesia's twin deficit and contributed to a fall in government bond yields. Analysts expect the rupiah to trade within a range of Rp17,900 to Rp18,025 against the US dollar during the day.",
        "content": "<p>Jakarta (ANTARA) - Permata Bank Chief Economist Josua Pardede stated\nthat sentiment towards the rupiah was triggered by Brent crude oil\nprices falling below US$73 per barrel. The rupiah exchange rate weakened\nby 45 points, or 0.25 percent, to Rp17,988 per US dollar on Friday\nmorning, compared to the previous close of Rp17,943 per US dollar. \u201cThe\ndecline in oil prices has eased concerns over Indonesia\u2019s twin deficit\nrisk,\u201d he said in Jakarta on Friday. He explained that the drop in oil\nprices was driven by expectations of increased oil supply from the\nMiddle East. As global oil prices weakened, yields on government\nsecurities (SBN) declined, helping to alleviate concerns over fiscal\npressure. Benchmark government bond yields for 5-year, 10-year, 15-year,\nand 20-year tenors fell to 7.21 percent (-4 bps), 7.18 percent (-3 bps),\n7.28 percent (-2 bps), and 7.24 percent (-4 bps), respectively. SBN\ntrading volume increased to Rp24.91 trillion, up from Rp17.33 trillion\nin the previous session, reflecting heightened activity in the bond\nmarket. Meanwhile, foreign ownership of SBN rose by Rp160 billion to\nRp875 trillion as of 24 June 2026, equivalent to 12.66 percent of total\noutstanding. On the global front, the headline US Personal Consumption\nExpenditures (PCE) index remained steady at 0.4 percent month-on-month\nin May 2026, lower than the market expectation of 0.5 percent. Annually,\nheadline PCE inflation rose to 4.1 percent year-on-year from 3.8\npercent, in line with market consensus, while core PCE inflation edged\nup to 3.4 percent year-on-year from 3.3 percent. The lower-than-expected\nmonthly inflation realisation suggests short-term inflationary pressures\nare beginning to ease, slightly reducing concerns over persistent\ninflation in the United States. Additionally, the final estimate for US\neconomic growth in the first quarter of 2026 was revised upwards to 2.1\npercent quarter-on-quarter from 1.6 percent, indicating solid economic\nresilience. Based on these factors, the rupiah is forecast to move\nwithin a range of Rp17,900 to Rp18,025 per US dollar today.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-sentiment-triggered-by-falling-brent-crude-oil-prices-1782446022",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}